Preview: Financial Institutions’s Earnings

Financial Institutions FISI is set to give its latest quarterly earnings report on Wednesday, 2023-04-27. Here’s what investors need to know before the announcement.Analysts estimate that Financial Institutions will report an earnings per share (EPS) of $0.84. Financial Institutions bulls will hope to hear the company to announce they’ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).